McLean Mortgage Corporation closed over $1.33 billion in residential mortgage originations in 2014 despite the Mortgage Bankers Association’s dim forecast for origination volume in 2013.
The association even lowered its prediction for the year due to rising interest rates and heightened regulations that would take a big bite out of originations.
McLean Mortgage’s closing for 2014 were within 90% of their all-time production record achieved in 2013.
“We have grown to become one of the largest in the industry purely by way of organic growth through referrals instead of purchasing other companies. These referrals enable us to grow while still keeping our family-like culture which strengthens our ‘customer is first’ mission,” said Nathan Burch, president of McLean Mortgage.
Meanwhile, the mortgage lender just celebrated its seventh anniversary.
“The journey we have embarked on during the past seven years has been gratifying for all of us. We have become a company of choice for those desiring a long-term career helping others achieve the dream of home ownership,” said Pat Peavley, CEO of McLean Mortgage Corporation.